Gibson Energy (OTCMKTS:GBNXF) Sets New 52-Week High – Time to Buy?

Gibson Energy Inc. (OTCMKTS:GBNXF) reached a new 52-week high during trading on Tuesday . The stock traded as high as $19.69 and last traded at $19.57, with a volume of 2655 shares changing hands. The stock had previously closed at $19.06.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on the stock. Scotiabank restated a “sector perform” rating on shares of Gibson Energy in a research note on Friday, January 16th. Jefferies Financial Group restated a “buy” rating on shares of Gibson Energy in a research report on Wednesday, December 3rd. National Bankshares raised Gibson Energy from a “sector perform” rating to an “outperform” rating in a report on Tuesday, December 2nd. Natl Bk Canada upgraded Gibson Energy from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, December 2nd. Finally, Royal Bank Of Canada restated an “outperform” rating on shares of Gibson Energy in a research note on Wednesday, December 3rd. Two investment analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy”.

Gibson Energy Trading Up 2.4%

The company has a quick ratio of 0.79, a current ratio of 0.99 and a debt-to-equity ratio of 3.08. The firm has a market capitalization of $3.20 billion, a P/E ratio of 29.56 and a beta of 0.75. The firm’s 50-day simple moving average is $18.38 and its 200-day simple moving average is $18.20.

Gibson Energy (OTCMKTS:GBNXF) last posted its quarterly earnings data on Monday, November 3rd. The company reported $0.20 earnings per share for the quarter, missing the consensus estimate of $0.22 by ($0.02). Gibson Energy had a net margin of 1.40% and a return on equity of 16.47%. The company had revenue of $2.07 billion for the quarter, compared to analysts’ expectations of $1.72 billion. Analysts anticipate that Gibson Energy Inc. will post 1.09 EPS for the current year.

Gibson Energy Company Profile

Gibson Energy is a midstream energy services company headquartered in Calgary, Alberta, that provides crude oil, natural gas liquids (NGL) and refined products storage, terminalling, processing and transportation. With a network of terminals, pipelines, truck racks and processing facilities, the company serves producers, refiners, marketers and other midstream operators across Western Canada and parts of the U.S. Its comprehensive offerings include product handling, blending, distribution and marketing services tailored to meet fluctuating energy market demands.

Gibson Energy’s infrastructure portfolio includes crude oil and refined product terminals, an NGL fractionation facility and bulk storage sites strategically located near key supply basins such as the Alberta oil sands region and the U.S.